By Ezra Marbach on December 8, 2011
SO OFTEN lately, public companies have been under attack. Most of these attacks have been directed at Chinese companies publicly-traded on US stock exchanges.
By Dominic Jones on May 17, 2007
FIDELITY Investments, the world’s largest mutual fund company, has sold most of its stake in Asian energy giant PetroChina after coming under fire from activists. The move is significant because it demonstrates the mutual fund industry’s sensitivity to public campaigns that could taint their brands. Mutual fund companies have historically been the least active in [...]
By Dominic Jones on August 20, 2006
Note: Updated Sept. 8, 2006 to add preliminary voting results from Heinz. By Dominic Jones SHAREHOLDER activism is on the rise. Hedge funds are wielding more clout. Proxy battles could be made easier and cheaper. New exchange rules will make it harder for directors to get votes. Majority voting for director elections is set to [...]